High Definition Television (HDTV) is quite an example of an international topic that has far reaching effects on the world wide electronics marketplace. HDTV is not simply a new standard for color televisions; it is in fact a doorway to becoming the world leader in setting the standards for; computer screens, laptop flat panel displays, medical imaging displays, automobile interactive displays and of course high definition wide screens. HDTV is as much about sound quality improvements as it is about clarity of the visual screen. However the quest for leadership in the HDTV market has become a saga of near successes, failures and potential winners. The stakes are tremendous. Even if we only concentrate on the television market the expected revenues are in the billions. Today there are an estimated 600 million TV sets in the world. With so much at risk it is not surprising that the interest of many multinational corporations and governments set their sights on capturing the lead in this emerging technological race. The alarming fact is that this race has been going on for more than 30 years.
The consumer electronics industry entered into the 90s eagerly waiting for a new growth stimulus. U.S. annu
Okimoto - Between MITI and the Market - Japanese Industrial Policy for High Technology - Stanford University Press
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